Filing Flows › Seer (SEER) › Q1 2026 › vs Q1 2025
Seer (SEER) Q1 2026 vs Q1 2025 (year over year)
Seer's revenue fell $1.4M (-34%) from $4.2M in Q1 2025 to $2.8M in Q1 2026.
Seer, Q1 2026: revenue $2.8M (-34% year over year), operating margin -617.8%, net loss $16.8M, operating cash flow −$15.4M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8M | $4.2M | −$1.4M | -34% |
| Other income, net | $429K | $884K | −$455K | -51% |
| Net loss | $16.8M | $19.9M | −$3.1M | -16% |
| Costs & expenses | $20.1M | $25.0M | −$5.0M | -20% |
| Operating costs | $20.0M | $24.9M | −$4.9M | -20% |
| Income tax | $10K | $101K | −$91K | -90% |
| Cost of revenue | $1.8M | $2.1M | −$333K | -16% |
| Research & development | $8.8M | $11.3M | −$2.5M | -22% |
| SG&A | $9.4M | $11.4M | −$2.0M | -18% |
| Operating cash sources | $18.7M | $17.5M | $1.2M | +7% |
| Depreciation & amortization | $1.2M | $1.4M | −$266K | -19% |
| Share-based compensation | $2.1M | $4.7M | −$2.5M | -54% |
| Cash used in operations | $15.4M | $11.4M | $4.0M | +35% |
| Net loss absorbed | $16.8M | $19.9M | −$3.1M | -16% |
| Working capital & other | $1.9M | −$2.4M | $4.3M | — |
Questions
How much did Seer's revenue grow year over year in Q1 2026?
Seer's revenue fell $1.4M (-34%) from $4.2M in Q1 2025 to $2.8M in Q1 2026.